Danske Bank (OTCMKTS:DNKEY) Receives Average Recommendation of “Buy” from Analysts

Shares of Danske Bank (OTCMKTS:DNKEY) have been given a consensus rating of “Buy” by the five analysts that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company.

DNKEY has been the subject of several research reports. Zacks Research downgraded shares of Danske Bank from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Morgan Stanley reiterated an “overweight” rating on shares of Danske Bank in a research note on Monday, November 24th. Citigroup reissued a “buy” rating on shares of Danske Bank in a report on Tuesday, October 14th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Danske Bank in a report on Monday, November 3rd.

Danske Bank Price Performance

Shares of DNKEY stock opened at $23.63 on Tuesday. The business has a fifty day simple moving average of $22.16 and a 200 day simple moving average of $21.04. The company has a market cap of $39.46 billion, a P/E ratio of 11.70 and a beta of 0.61. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 7.16. Danske Bank has a twelve month low of $13.50 and a twelve month high of $23.89.

Danske Bank (OTCMKTS:DNKEY) last issued its earnings results on Friday, October 31st. The financial services provider reported $0.52 EPS for the quarter, topping the consensus estimate of $0.50 by $0.02. The firm had revenue of $2.15 billion during the quarter, compared to the consensus estimate of $2.15 billion. Danske Bank had a return on equity of 13.01% and a net margin of 40.42%. On average, sell-side analysts forecast that Danske Bank will post 1.84 EPS for the current fiscal year.

Danske Bank Company Profile

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities.